Swiss personal care ingredient maker and fragrance house Givaudan is to acquire a majority stake in Spanish counterpart Eurofragance.
The terms of the deal will not be disclosed but Eurofragance’s business would have represented approximately 185m Swiss francs ($235m) of incremental sales to Givaudan’s results in 2025 on a proforma basis.
Based in Barcelona, Eurofragance is a family-founded fragrance creation house specialising exclusively in the design and production of fine fragrances, as well as fragrances for personal and home care products.
With a strong presence across Europe, the Middle East, Asia, Africa, and Latin America, the company focuses on high growth regional markets.
“Renowned for its agility, creativity, and deep market understanding, Eurofragance combines a perfumery boutique approach with the latest innovations to deliver distinctive olfactive solutions and fragrances tailored to consumer preferences,” said a Givaudan spokeswoman.
“By combining Eurofragance’s entrepreneurial spirit and strong regional footprint with Givaudan’s global leadership and capabilities, the collaboration will enable both companies to bring unique, locally relevant fragrance experiences to consumers worldwide,” she added.
The acquisition, which is subject to regulatory approval, marks an important milestone in Givaudan’s 2030 strategy, aiming to expand its presence and capabilities across local and regional markets to drive sustained business growth.
Maurizio Volpi, Givaudan President Fragrance & Beauty, said: “Eurofragance is a respected player with deep roots in fine fragrances and strong relationships in high growth markets.
“By joining forces, we are perfectly aligned with our 2030 strategy for growth and our mission to continue shaping the future of fine fragrance creation.”
Santiago Sabatés, Chairman of Eurofragance, said: “We are confident that partnering with Givaudan opens a new chapter for Eurofragance.
“Since our incorporation in Barcelona and throughout our international growth, we have built our company on passion, creativity, innovation and agility.
“This strategic alliance will allow us to reach new heights and continue innovating and creating exceptional fragrances.”
